686 E Wood AveUniversalIN47884
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Universal rentals match the income profile of 686 E Wood Ave, Universal, IN, 47884. Listed at $259,900, gross rent is $2,194/mo and net cash flow is $633/mo, a 10.13% yield well above national averages. DSCR 1.88 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $71,806 by year five with $2,394/yr in annual principal reduction, projecting $139,116 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $633 | $300 |
City averages based on Universal market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,194 |
| Total Monthly Debt Service | $1,457 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1926
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47884, Universal, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10 (100%) |
| Owner Occupied HU | 9 (90.0%) |
| Renter Occupied HU | 0 |
| Vacant Housing Units | 1 ( 10.0%) |
| Median Home Value | $131,250 |
| Average Home Value | $127,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1926
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47884, Universal, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10 (100%) |
| Owner Occupied HU | 9 (90.0%) |
| Renter Occupied HU | 0 |
| Vacant Housing Units | 1 ( 10.0%) |
| Median Home Value | $131,250 |
| Average Home Value | $127,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices